Peak Oil Hits the News

From being completely below the radar, Peak Oil is suddenly hitting the news. The Industry Taskforce on Peak Oil and Energy Security, which comprises such companies as Virgin, Stagecoach, Scottish and Southern and Arup, has just published its latest report, ‘The Oil Crunch’, warning of shortages  and price spikes by 2015. For examples of press coverage read Richard Branson here: UK Press Association , Jeremy Legget here: Guardian Report or see the full report here: The Oil Crunch -a wake up call for the UK economy.